Indoor LBS (Location-based Services) is used to track the location of an object or people within a building?specializing in next-generation mobile solutions and new customer experiences, including indoor location-based services, mapping & way finding, in-store product search, BLE beacons proximity services, and mobile payments.
Indoor LBS is confined to a very limited geography; hence, it uses only wireless networks such as Wi-Fi and wireless local area networks (WLAN), which cover a small area. In addition, indoor LBS requires high accuracy to determine the position of the object or device. As a result, indoor LBS uses positioning technologies based on Wi-Fi, WLAN, ultra-wide band (UWB), Bluetooth, assisted global positioning system (A-GPS), microelectronic mechanical system (MEMS), and other hybrid technologies to determine the location of the searched object.
In future, the strong demand for Indoor LBS from Offices and Commercial Buildings, Government, Public Safety and Urban Security, Healthcare, Manufacturing, Distribution and Logistics, Oil, Gas and Mining, will drive the global Indoor LBS to develop rapidly in future.
Currently, the global Indoor LBS market are being dominated by few players, like Google, Apple, Aisle411, Wifarer and Microsoft etc. But in the past five years, more and more players entered the indoor LBS market, most of them are startups. In future, the global indoor LBS market concentration will be higher, and the large enterprises will consolidate their position through mergers & acquisitions.
The GPS has widely out of doors, but in it do not perform well indoor, this drive the indoor LBS technology to meet the market demand. Currently, the Wi-Fi and Bluetooth technology are dominating the global Indoor LBS market, due to their low cost and large number of hot spot distribution. As technology advances, the LED Positioning will be likely to be used widely in future.
In the past few years, the indoor LBS market was driven the development of smartphones, and mobile internet. In future, the big data and artificial intelligence, will deeply affect the global indoor LBS market.
End users tend to choose the solutions which are low cost and have good performances. This will drive the change of market and technology, and the market decides the technology.
According to this study, over the next five years the Indoor Location by Positioning Systems (Indoor LBS) market will register a 44.8% CAGR in terms of revenue, the global market size will reach USD 4450 million by 2024, from USD 480 million in 2019. In particular, this report presents the global revenue market share of key companies in Indoor Location by Positioning Systems (Indoor LBS) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Indoor Location by Positioning Systems (Indoor LBS) market by product type, application, key companies and key regions.
This study considers the Indoor Location by Positioning Systems (Indoor LBS) value generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Network-Based Positioning System
Independent Positioning System
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Offices and Commercial Buildings
Government, Public Safety and Urban Security
Healthcare
Travel and Hospitality
Aviation
Academia and Education
Oil, Gas and Mining
Manufacturing, Distribution and Logistics
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Google(US)
Apple(US)
HERE Maps(FI)
Aisle411(US)
Broadcom(US)
IndoorAtals(FI)
Senion(SE)
Acuity Brands(ByteLight)(US)
Wifarer(CA)
Microsoft(US)
Cisco Systems(US)
Skyhook(TruePosition)(US)
Insiteo(US)
Shopkick(US)
Ekahau(US)
Ericsson(SE)
Point Inside(US)
Qualcomm(US)
Zonith(DK)
Navizon/Accuware(US)
Locata Corporation(AU)
Ubisense(UK)
Meridian(US)
Sensewhere(UK)
TRX Systems(US)
Rtmap(CN)
URadio Systems(CN)
Huace Optical-communications(CN)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Indoor Location by Positioning Systems (Indoor LBS) market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Indoor Location by Positioning Systems (Indoor LBS) market by identifying its various subsegments.
Focuses on the key global Indoor Location by Positioning Systems (Indoor LBS) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Indoor Location by Positioning Systems (Indoor LBS) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Indoor Location by Positioning Systems (Indoor LBS) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
